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20131202
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CNBC 17
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English 38
Search Results 0 to 38 of about 39 (some duplicates have been removed)
FOX News
Dec 6, 2013 2:00pm PST
. because rich people got their tax breaks. until they finally got them put back in. when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the 1% is going up, 34%, 99%, 4%, but they're going up, so that's a good thing. incoming equality is a misnomer. if the rising tide is rising all boat, raising all boats, that's a great thing. >> how can you say 15 years the top 1% increase of income take home pay is 247% and middle clashgs over the same 15 years, is 15%? you're saying that's equal? >> he's saying the numbers are rising up and that's good. >> it's better for everyone when this happens. >> when the rich people get richer? >> and the poor people get richer, yes. >> before you continue, let me ge
CNBC
Dec 5, 2013 4:00am EST
another massive package including more than $50 billion in spending to help offset sales tax hike. >>> mario draghi should be holding fire, despite the recent drop in inflation. investors eyeing the ecb's economic staff projections. >>> and i told you so. british chancellor george osborne may have reason to gloat. >>> and china's financial institutions are warning against trading bitcoins as the bank admits while there are risks, it could still use the currency. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. hello. a warm welcome to the program. the government has just unveiled an $18.6 trillion yen stimulus package which includes 5.5 trillion yen in fresh spending measures. this is to offset the accuracy in the sales tax which is coming in in april which raises the rate effectively from 8% to 5%. it follows the unveiling of a 10.3 trillion package back in january. a number of measures will be expected as far as this package is concerned. particularly for those on the lower income as well. we will get those measures as soon as
FOX News
Dec 9, 2013 6:00am PST
people are going to react? >> people will say, what did i do to deserve this after all you pay your taxes, work for a living. you've been forced to change your doctor. you've been forced to pay more for inwhich you may or may not need but the second sticker shock which is as you point out, heather, deductibles. the study was done by health pockket incorporated which studies this kind of thing. the federal exchanges, they found out the bronze plan has an average deductible for individuals of $5081. let's point out that is money you've got to shell out from your own pocket before insurance coverage kicks in. $5081 for the bronze plan. i don't think that is affordable to a lot of people, heather. >> i thought it was interesting, they were taking a look at say one woman having a baby. if you look at these numbers, it's not covered. they pay all of it out-of-pocket, is that right? >> that's correct. the average cost of having a baby in some states, the states studied was over $6,000. if your deductible is $5081 and more for a family, your birth is not covered. this may result in some, not in t
CNBC
Dec 6, 2013 6:00am EST
nothing with intiethsmentes, nothing with tax reform, nothing with -- just paying for some, you know, trying to lessi inen the effect sequestration. >> look at the different points on the board. at this point in the game, we'll take that, right? >> and then the other thing that i just wanted to mention in following up on our conversations is what's going on in china? my man. my man. for the democratic party, i'm with biden. did you see, they send him over to china, boom, done. send my man joe over there who is like yeah, yeah, pats a couple can people on the back, tells a couple of jokes, takes back a couple of things he said and everybody is friends. he does it here, too, but it's already fixed over there. >> we have joe on here. >> carries out the plan and -- blow hardy. you send joe over, boom, done, fixed. thanks, joe, .and then they go out to a club probably. i don't know. anyway, back to wall street's top stories this morning, the november november jobs report current nonfarm payroll, it's 180. do you know the number? you know the number? no, you don't know the number a lot. >>
MSNBC
Dec 4, 2013 6:00pm PST
warmed his hands on the panels and promised tax credits to people who put them on their homes and businesses. let's get energy independence, go solar, well, seven years later, a republican president named ronald reagan had the panels taken down, supposedly for repairs. this summer, new and improved panels got put back up, once again as part of a green overhaul on pennsylvania avenue. the new panels are expected to pay for themselves in energy savings over the course of president obama's tenure. but just down the street at the grand hyatt hotel in washington, the white house's solar panels are the object of scorn and strategy. it is the meeting of the exchange council, alec, the consortium, where mostly republicans fought for the passage in their states. the initiative is to punish american homeowners who choose to go solar, the idea is to make the solar-powered homeowners pay a penalty for using fewer fossil fuels, disincentivize the use. alec's stated objective is blocking the renewable energy at the state and federal level. touting their laws that reform, freeze or repeal st
CNBC
Dec 5, 2013 6:00am EST
is traveling. >> enough not to pay taxes? >> no, no, i do pay taxes here. and the rates in new york with sales tax and everything and income taxes, state income taxes are roughly the same rate. so the tax equalization. i don't pay double. it gets offset. >> i don't know what that says, now we're equal to -- >> it's about 50%, basically is the marginal rate. >> you think that's fine? >> well, the british government reduced it from 50% to 45% and i thought that was wrong at the beginning of the conservative coalition because they said they were doing it to try and increase entrepreneurial activity. i think the best way to do that is a capital gains tax, not income tax. so i think that was misplaced. and i think at a time when people were worried about inequality and equality, which was high on the political agenda, i think it was the wrong thing to do. >> it brings up a lot of issues about income equality. and we know the one thing that solved income equality is growth and jobs. growth and jobs. not entitlements, not redistribution, it's growth and jobs. and some of the efforts to do it the othe
CNBC
Dec 4, 2013 6:00am EST
. >> they have to cut some deals. sears was a big -- >> right. but the tax revenues, whatever you get there, you're probably losing it as people leave unless you do something this. don't get me started. >> well, the governor said even though the senate passed it, the house -- >> they didn't have an auto industry or a bailout in illinois. that's purely just mismanagement of the whole pension situation. >> but it's failing to put the money in they've promised he year. there's a lot of states that promise these things and -- is. >> the whole detroit thing we'll talk about. it's a tough one because on the nightly news you'll see every retiree. they'll say, if a dollar is cut out of my pension -- >> and by the way, tier not making massive pensions. >> i know that. but right now, there's no city services. >> and detroit is a unique situation because you have seen a loss of the people living there. you can no longer support the infrastructure that was there for 1.5 million people when you see the numbers decline. >> and the journal has a piece and it sounds cold and heartless, but if public unions are
Bloomberg
Dec 9, 2013 4:00am EST
to swiss banks. francine come over to you. >> the u.s. is clamping down on offshore tax evasion. asked buts are being on regulars to participate in a program with american authorities. manus cranny's here at the latest on the story. is this the end of swiss banking secrecy as we know it? >> definitely a turning point. the french and the u.k. all depended on the whistleblower case. with the u.s. goes up in legal battering ram you can be pretty sure the rest will follow. wars on the cards as a department of justice saying listen, you can have a waiver, you can have an exemption, you have to sign up. the regulator and switzerland is saying get on board, get over yourselves. there are 300 banks enough to make the decision with the to join in on a voluntary program with the disclose information or indeed run the risk of quite significant fines and prosecution. >> that is a concern. if you don't sign up now voluntarily, further down the line they could have huge fines. be excluded from doing business in the usa. that is a critical part of the story. >> thank you, manus cranny. brazil's regulators
CNN
Dec 7, 2013 6:30am PST
have come in, in part, because of the tax hikes which created less damage. the fact is washington getting out of the way is a pre-condition for the private sector. >> i'll let austan weigh in on that. 92,000 federal jobs lost overall this year. do you think washington in action and sequester is hurting holding back the growth? >> it is holding back the growth. i thought it would hold back growth more than it did. i think most of the private sector who look at the economy for 2013 say that the austerity and the fiscal drag cut at least one point or almost two points off the system. i think austerity did not help the growth rate. >> i figured you would be opposite sides of the fence. >> 1% of the 1.5% is the tax hike. 1% of the drag this year out of the 1.5. >> i agree with that. >> meantime, signs this week that maybe i don't know, maybe the bailout -- automakers may be worth it. gm and chrysler, double digit numbers. treasury department planning to sell the last of its stock in gm by the end of the year. so interesting to me. do you think this proves what was first president bush
CNBC
Dec 6, 2013 9:00am EST
. >> are you going to push for a decline? sales to encome tax and then have a bank where you have a bank and put in $3 trillion, $4 trillion? you know can you do that if you push for it. >> i wouldn't doing repatriation holiday. i'd reform our tax code, bring the down, wut the loopholes whuch do that, you get some transition revenue. you can put that in a grand barg en kb. >> wool see youneck month. >> good morning, everybody. happy friday. what a rally we've got going here. whatever happened to fierce of tapering? we got cyclical groups, the telecomes, health care, defensive groups. we're up right across the board, folks. it's been a very strong rally right at the open but not strong inform a mr. one guy said it threads the needle perfectly. people putting together a list of what the skmik news looks like this week. here's a look for the bulls, gdp numbers very strong overall. auto sales, over 16 million, the highest in six years here. october home sales were the highest since june 2008. highest in manufacturing, highest in two and a half years and cyber sales were up 20% on monday. >>
MSNBC
Dec 9, 2013 3:00am PST
talk about, tax, regulations. so talk about what you're hearing on the hill, what you're hearing at the white house. is there a chance to pass minimum wage nationally even through the senate? >> the minimum wage talk -- you hear that much more to the side than the unemployment insurance. steve and his chart noted minimum wage hiked in bush years 2007 the country had not gone through a recession and things were looking good. it took a huge amount of capital from the senators. ted kennedy keys speech pushed the bill over the top. i don't hear much talk or optimism that we're going to get a hike to $10.10. in fact you hear more skepticism about that. with respect to unemployment insurance, you're starting to see the debate heat up in part because it comes at a cruel time. it would be right after christmas, december 28th. you have about 1.3 million people losing benefits. the question is how do you pay for it. right now the cost is about $25 billion so these budget negotiations that are happening right now they are trying to figure out if they can find money to pay for that $25 billi
CNBC
Dec 6, 2013 4:00am EST
's aimed at offsetting the sales tax in april. and the shanghai composite pulled further ahead. meanwhile, the hang seng index added 0.1%. elsewhere, south korea and australia both ended just a tad lower. as for individual stocks, chinese property stocks came under some pressure after the official china securities journal reported beijing may remove caps on property prices next year, replacing them with supply side indicators and concerns still linger over a potential property tax system. now for some outperformers, let's take a look at the region's apple suppliers, seeing a strong boost from hopes that china mobile may reach a deal with apple to offer iphones. some phone displaymakers, cameramakers and case suppliers rebounded some 5% in today's trade. back to you, karen. >> sixuan, thank you very much update. charles has been telling us about this u.s. cash flood that you're expecting. are you saying buy u.s. assets, buy u.s. equities in 20 s14? >> things probably weaken at the moment because a lot of guys made a lot of money this year and they want to cash in and make sure they get the
FOX Business
Dec 4, 2013 9:20am EST
of the money is saved by being more efficient in medicare and medicaid and half are on taxes by people who should the. stuart: you want people to sign up. you want them to put their personal information, give you another chance, that is your you say you put yourand say you personal information, you're an architect of this, but your personal information into this and it is secure. >> i put my personal information on the web site when i was trying to look for information. i was very confident. stuart: what is it secure? >> you are asking me to guarantee something someone else has done. stuart: when you are telling people sign up. >> i think it is a good deal. stuart: you won't secure their in formation. >> it is a good deal. stuart: you have any personal liability? suppose we get identity theft down the road. are you liable? no, you are not liable. dr. -- it was fun. thank you very much. back to the markets, check the big board. we are down just two points. that is what we got you. the price of gold is down again, it was up earlier, the price of gold up by 1226. to nicole petallides at the t
LINKTV
Dec 7, 2013 6:00am PST
their tax money, says andro, but if they could give us work, we could earn our own money. his sister chimes in the czechs think we're lazy, that's not true. e would like to work, but how? the apartment is not just small, it's also expensive. his sister wants to move, but she says their chances of finding a new place are slim because of their name. their appearance, and their accent. this apartment belongs to another roma. he's profitting from their desperation. his sister shows us the bathroom. it's the only place we can tore anything, she says. the washing machine is also broken, she laughs. that's all the family needs. >> this is the school nearest to the roma neighborhood. miro used to go here. it's a special school. the principal has work here for over 20 years. an above average number of roma children end up here because this school is so close to their home, and because other schools don't consider the disadvantages they face in their entrance tests. but they aren't stupid. it's just that roma children receive far less support from their families. it's not easy for roma children in th
CNBC
Dec 9, 2013 5:00pm EST
and come april when the tax increase comes in, it is going to fail. i'm with you. i'm long nikkei. >> at the same time, the monetary authority is going to have to do whatever they can to overcome that failure. >> number two. >> number two you want to own gold in yen terms. it's been a terrible trade. i just went to north carolina state. we're not an ivy league school but i know that 7% loss is a lot better. >> every time you say buy something in other terms how do you do that? >> it's very easy. you can buy gld, buy $100,000 of gld and sell $100,000 of the etf for the yen. it's not as difficult as it sounds. and i bet that somebody comes up with an etf to do exactly that. >> where do you expect the yen to be? >> 125 to 140. >> so for your trade, then, are you also short yen? >>s yes. it is the same trade. you have got the same trade on twice. you have got understand that. if you have gone short of the yen you have gone long on the nikkei. >> number one later on the n the show. >> see you later dennis. pops and drops. big movers of the day. big pop for soda stream. >> yes, after op
Al Jazeera America
Dec 9, 2013 5:00am EST
of the tax and the former prime minister convicted of abusing his power. >> reporter: they were here occupying government house for three months and the prime minister at the time they were trying to force out was the brother in law of the leader and at the moment the protesters are staying outside the fences and the buildings are gathered by security forces. soldiers are symbolically standing in the background for now but this is a country that is seeing a lot of army interventions and politics, something that would be welcomed again by protesters who want an appointed leader to run the country but the goals are unclear and this was to be their final day it seems they are settling in for another long fight, wayne in bangkok. >> reporter: we are live from government house and scott antigovernment leaders urging followers to stand their ground, parliament has been desolved and early elections called and what more do they want? >> yeah, that is really what the protest leader has asked them to spend the night here to stand their ground and they will be staying on this ground overnight.
CNBC
Dec 4, 2013 3:00pm EST
steam or at the end of the year for tax planning purposes. keep in mind, this is an 85% increase from the numbers we saw in october and the highest levels we have seen since may. definitely, a lot of selling happening. here is some big names we saw the most inside selling over the past three months. best buy, $200 million worth of shares sold by insiders over the past three months. amazon saw $400 million worth of shares, including jeff bezos selling a chunk, and google and microsoft, $830 million. some top dogs, eric schmidt, larry page,er is sergey brin. retail with coach, ceo lew frankfort, and biggest was richard kinder bought nearly $8 million worth of shares in september. the biggest buying we saw was in davida health care, the dialysis health care, warren buffett's berkshire hathaway added a huge chunk to their stake. they've been steadily adding over the last couple of months. maybe not a big surprise. traders said, some of this is seasonal, some is tax planning. when you've had stocks with such a big run, always interesting to note which stocks are seeing the biggest insider
CNBC
Dec 5, 2013 9:00am EST
and your tax rates, they're paying a very low tax rate. >> i know. i covered that as a reporter for the l.a. examiner when i wasn't covering homicide. and i said, boy, the rich people get richer and richer. at that point, i was very involved in the unions. it was an early precursors to what happened. i led a wildcat strike once in my life. >> did you really? >> yes. i did. we got completely annihilated. >> you've done so many things. >> i was one of these protesters. you have to boycott jp stevens? i was wearing jp stevens clothes. everything i did was -- >> one man at a time. >> it was such a disaster. every time i got involved with unions, it was bad. you didn't want me in your union. >> let's get to pisani and see what's moving dow down 25. >> modest declines, moving 279% on that better than expected gdp report. electronic stocks, housing stocks getting hit more than the rest of the markets. gold getting crushed again today. mentioned the gold miners, five-year lows that we've seen recently. i want to take up your question this morning, jim. because i think that's the right question on
FOX News
Dec 3, 2013 3:00am PST
lawmakers do not deserve it. california has one of the highest tax rates in all the united states. how about that? >>> it has been an annual christmas controversy in rhode island. for the past two years the so-called grinch governor, lincoln chafee outraging christians by referring to the tree at the statehouse as a holiday tree. now chafee is doing an about-face, finally calling it a christmas tree. in a letter the democratic governor says the past practice of calling it a holiday tree just generated too much anger. what do you think about that switch? those are your headlines at this hour. >> thank you very much, heather. every time we do a story about lincoln chafee, people write in, steve, you look a lot like him. i should go to rhode island with a christmas tree. >> you belong in the statehouse. >> we rhode islanders would not mind you coming to -- >> i bet. thank you very much for joining us on this awfully busy tuesday. a dozen minutes now after the top of the hour. the numbers are shocking. nearly 22 million people over the age of 18 still living with their parents. our next guest sa
CNBC
Dec 3, 2013 3:00pm EST
think what will happen when you get to year end, a lot of muni funds will be pressured more, tax law selling -- >> lots. >> you'll do okay buying these funds at a discount. >> we won't necessarily see that pressure from the broader market, certainly. people maybe the last couple of years, any harvest, time is running out. >> there's still lots of things to harvest this year. lots of munis you can swap out of. munis are out. those are good places to swap into a different fund if you need to. take the loss, put it in your pocket if you don't need it and carry it forward. tax law accounting is huge in investing. >> we've been out of the muni market for the past 14 to 15 months when munis started getting back over 5% we've been a buyer. we've been aggressively buying municipal bonds. >> rob morgan any opinion on that before we go, quickly? >> absolutely. i think having a portfolio for individual investor tilted more toward short end and rising rate environment makes sense. i think detroit bankruptcy spells trouble more for retirees on pension plans more for than m
Al Jazeera America
Dec 3, 2013 8:00pm EST
... gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >> michael eaves is here with sports. kind of a shake up in coaching ranks in one nba team. >> not one you would expect at this point in the season. >> the expectations were high because as a player kid was considered to have the highest basketballisbasketball iq in the nets made a change to the coaching staff today. >> it's lawrence frank who has been reassigned to a role where he will no longer attend practices or games there was reports that there was growing tension between frank and kidd. they called the move a result
Al Jazeera America
Dec 9, 2013 6:00am EST
: they want more than a new election, they want the government rid of yingluck shinawatra and any kind of tax and regime influence as they say. this is something that is right through the last two weeks and any influence that the ruling party has because of the connection to the yingluck shinawatra the prime minister in exile and they got elections to take place in the next five to six weeks the leader of the antigovernment union saying that is not enough and spoke before we came on air but will speak again on the stage behind me in the coming hours. this is a big rallying speech because this is the final day of this type, this phase if you will of this movement. it will be interesting to see how they transition after they spend the night and transition into more of a political fight and sounds like the protest leader says they have done this part of it and gone to the street and proven their point this way and getting the goal of the resignation of the prime minist minist minister yingluck shinawatra is the big question. >> reporter: since 2001 the pew thai party has won't every election an
PBS
Dec 4, 2013 6:30pm PST
on then stamped a protest as a tax raids on the beach during an ongoing come to find opposition stocks town. i get it. these happen if the fetal position one with the snobs who was thought to be and to support those remove fish baits from being the tracks in the float so we did so good since i've been given a two month seventy five miles north of copper to talk on the korean beauty and utility of the business. when given the tools of imported from just food and tons. you go to the judicial report to do this so this is when these groups remain suspended. this has been in the group of islands within the bnp and its allies began the nationwide to dump trucks remove from the cia did opposition alliance has been targeting village. he even bought the beads to force the government to submit to its two months that the upcoming elections the head and a kit that the government. the kid ticket system introduced in the nineties was the most by the supreme court which will subsequently scrapped by the parliament the opposition intensified its top it off and going and not done with it. the next day the bnp led
CBS
Dec 9, 2013 4:00am PST
's $17 trillion debt, close tax loopholes, or change health care and retirement programs. the deal is expected to be completed later this week. >>> asian markets got a list from strong export numbers in china and a sliding yen. tokyo's nikkei added more than 2% for its best one-day gain in three months. hong kong's hang seng gained a quarter percent. >>> the stock market could get a jolt this week as more ompanies are expected to announce lower than expected quarterly earnings. the dow finished 198 points higher on friday driven by four months of consecutive job gains. gains. the nasdaq gained more than 29 points. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week d
FOX News
Dec 9, 2013 12:00pm PST
, and that means when you're having your tax money taken from you and spent you have less control over your own life. >> for me it's that the extremes are talking to much. i wouldn't want to hear from them so much. i'm not talking about moderate and the way you conduct your lives. i'm talking about the crazy people on the end. they're often the squeaky wheel. >> it's deafening. >> you're going to keep us away from crazy. >> we're going to cut through the chuter and have a nice dialogue because we're not into shouty. >> guess what the name of the program is, the independents. the emerging class that will help change this nation or not. >> the majority of americans consider themselves to be in they are no longer tetheres to one of the 0 two major political parties. >> a lot of them used to ride elephantses or donkeys and now they have abandoned the animals. the program is every week day night exempt thursday. >> because toes stossel -- stossel is on. >> you should give it a shot. i'm not saying this to megyn -- >> tonight maybe hash tack dvr megyn. i love her. >> we all love her. she is going to
MSNBC
Dec 5, 2013 10:00pm PST
. that included their birthplace, their tax payments and a record of any and all encounters with police. and it would have to create boss, the bureau of state security which could use indefinite detention without trial. nelson mandela spent his life fighting against apartheid. he led that fight in the villages and on the streets of south africa and for 27 years managed to lead that fight from a prison cell, most of that time spent in a prison off the coast of south africa. after he conquered apartheid, he continued to fight apartness, because although apartheid law was gone, apartness remained in south africa, black and white continued to live mostly apart. if the 20th century had an indispensable man, it was nelson mandela, and south africans knew that. which is why they stood in line for so long when they were offered a chance to vote for him as president. he was as jacob zuma put it today, the country's greatest son. >> this is the moment of our deepest sorrow. our nation has lost its greatest son. >> shortly after the news of nelson mandela's death reached the white house president
MSNBC
Dec 9, 2013 9:00am PST
that conversation is precisely because one side of the aisle cannot agree on anything other than keep taxes low and somehow trickle down economics are going to solve all our problem. in that way the president's speech is incredibly forceful, spoken in an empty room. i don't know that the people that need to listen to it are even listening or responding. >> they aren't listening. one, because they don't like the message. two, they don't like the messenger. you said something important epa folks need to hear again, the president's speech about income inquagt quality, this is something the president has been talking about since before he was president. this is consistent. i think what's changed now is the country has moved to a place where now they are ready to hear this message and want something done about it. the only problem is the other side. >> on that skeptical note we'll take a break. president obama is headlining a group of former u.s. presidents, dignitaries and heads of states who will attend tomorrow's memorial for nelson mandela while senator ted cruz is headlining a group of two doze
CNBC
Dec 4, 2013 9:00am EST
to pay the tax year? >> there's a lot of people positioning themselves for a big number on friday in the nonfarm payroll. they say why not teak profits. alternatively there's a vacuum of information and people say i got a great year. i'm concerned only that when you get to 3 there will be another wave of selling and that may be when you buy. that wave of selling. not this wave. >> do a little picking. always good to pick. >> we did come into this week giving all the reasons why there were very few reasons to sell. >> and that was bad. i fell into that complacency. by the way, there is one place where we saw -- i want to point out i like oil here. you have opec saying all the right things, you have no real cutbacks. you have this glut finally ending because you finally got the selling keystone part out of curbing. that is very good for the domestic oil companies and not so good for the refiners. >> the biggest losers this morning, valero -- >> a lot of people said goi goto get into refineries, i got to get into refineries. michelle caruso-cabrera yesterday with a fabulous piece abo
CNBC
Dec 5, 2013 3:00pm EST
years instead of 10. dynamic versus status growing. different outcomes and tax policies. >> it seems, though, we've hit a wall here when it comes to fiscal policy in this country. one side says we're spending way too much. and they seem to have a point. the other side says, we need a better, more simplified tax policy. and they have a good point as well. what can you guys bring to the table that will help clarify things to end some of the gridlock that exists so badly in washington right now? >> this is a good question. the first thing you need to make a good decision is good analytics and good commentary. information to make a good decision. we hope to be able to bring really good information that's nonpartisan, reliable and authoritative to the process. that's point one. the other thing i would say is that from my perspective today, in terms of where we are with fiscal policy, both our long-term policy, which is undisciplined and has excessive spending going out forever, and our short-term policy which is tightening, are both wrong. in fact, what you want to do is precisely opposit
CNBC
Dec 6, 2013 3:00pm EST
side of the businesses, we're hiring in audit and tax space as well. >> wow. obviously, this is going to continue to be a source of growth. the complexity today for any company. they almost have to have someone who's a specialist to deal with these kind of operations. i wonder, for the people you're hiring, we hear sometimes about this bifurcation of the labor market. do you find there's a surplus of workers? >> i hear for years we'll have trouble finding people and for years we're still hiring people. i think people have learned that noting and consulting are good professions. they go to school, even in the job reports it's amazing the differential in employment if you have a college degree versus not a college degree. so, they know there's jobs available right now in those industries. we're -- we seem to -- we seem to be doing very well hiring. the other key is developing them. >> so from your perspective, based on what you're seeing with your clients, how do you assess the economy and the jobs market right now? >> first, most ceos -- cfos are hesitant. their confidence waned in the
Bloomberg
Dec 6, 2013 6:00am EST
damages for reduce property taxes and the cost of maintaining foreclosed homes. commodities have been much in the pictures. look at gold, all over the place. mining companies are reacting to the challenges of slashing costs and delaying capital investment. alix steel is here looking at commodities. she knows how to pronounce vale. >> they are the biggest i am producer in the world. that is used to make steel, which is made and everything. what other companies are doing, trimming investments for a third year, selling assets including $10 million of it cold unit. doingo said they were that, trying to trim the fat down. >> everybody else does it. brazil?unique to >> they are based in brazil so the question happens to what is going to happen to brazil's credit-rating? has indit default market trading as if they are linked. swap prices have been rising as a threat of a possible downgrade in brazil. >> you are good at this, link this to the blood we have seen in gold this week. there is a commodities silver cycle, there is a debate along broad come -- along broad movement on commodity pr ices. o
CNBC
Dec 2, 2013 9:00am EST
to 1896, jim. >> again, that's people i think not wanting to take tax -- not wanting to have to pay a tax bill. really, again, "usa today" wall street looks like pamplona. you think this is an article which says bubble, bubble, bubble. instead it is about how broad the advance is. it's a very positive article how the advance is different from some of the advance that is have led to big falls. very smart piece. >> the dow's gained year to date three times the gain of last year. do you expect that trend to continue into 2014? in any way? >> i think it's very hard if we forget we will have another washington bruising. right? do you think anything's gotten better there? i mean, we don't mention the health care. everyone talks about the health care site. i saw oracle mentioned as a possible problem in the "the new york times" piece and a thing that dazzles me is how we forget. right now. that there's a republican party that hates the president. but in another month we'll talk about that ian good for 6%, 7%, 8% decline. >> without a doubt and facing the same issues we faced a couple of months a
CNBC
Dec 9, 2013 1:00pm EST
programs, raising rates, for republicans on taxes, but they have shuffling things around to relieve the budget sequester which both parties want to see happen. >> where is the area of compromise greatest, jon, and what are the issues they are willing to compromise on? >> it's different for different people. republicans and some democrats including chuck hagel at the pentagon who don't like the level of defense spending the way it's squeezed by the budget sequester and it gets squeezed more in 2014 by the sequester proportionately than domestic programs do. that gives some impetus for republicans to go along. democrats are raising the caps by an equal amount on the domestic side of the budget. these are things, priorities the democrats have for social programs, republicans have for defense, which are getting relieved and stitching together solutions to fill in the gaps financially even at a little deficit reduction on top of that, things like raising the fees for airline companies pay for for airport security, that's on the revenue side and on the spending side, curbing federal retir
CNBC
Dec 6, 2013 11:00pm EST
slowly and into weakness. remember, december is a cruel month for losers and the tax law selling that i think are turning could be brutal here from now until year end and then it clears up. mdr is for me. stay with cramer. >>> coming up -- digital dollars. your cash is moving to the cloud and a new crop of companies are helping to transfer money around the world. but as more dollars are distributed online. cramer's got the play. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. with my united mileageplus explorer card. i've saved $75 in checked bag fees. [ delavane ] priority boarding is really important to us. you can just get on the plane and relax. [ julian ] having a card that doesn't charge you foreign transaction fe
CNBC
Dec 3, 2013 4:00am EST
's refused food since the start of the protests. >>> there's a new tax by thailand's government to diffusion tensions in bangkok. allowing protesters inside, tear gas and rubber bullets have given away to calmer demonstrations. the protest leader says the fight will continue. meanwhile, consumer confidence has been hit dropping to a two-year low because of the unrest. the national transportation safety board says the new york commuter train that derails sunday was traveling at 82 miles per hour when it entered a curve where the speed limit was just 30 miles per hour. four people were killed and more than 60 injured. the ntsb says the train's brakes were working properly but were applied just seconds before the crash. >>> and pointing and clicking is becoming the preferred way to shop. adobe says u.s. cyber monday sales topped $2 billion for the first time, up 16% to 2.9 billion. adobe tracks visits to 2,000 websites. a record 18% came from mobile devices. other trackers report even higher numbers. ibm dish analytics, sales rose and amazon sales were up 44% as of 6:00 p.m. eastern and ebay's
CSPAN
Dec 2, 2013 10:00am EST
the taxing trek on the united states. he is tweeting rosh hashanah, greetings to the jewish people. his foreign minister is extremist sophisticated and charming. they are putting forward proposals that are clearly constructed and flexible. they are serious about diplomacy. in the last rounds of negotiation, about the day was spent on just deciding when and where will the next meeting be. the iranians made suggestions such as kabul, because clearly kabul is a safe place to negotiate. [laughter] and they were playing games like this about everything. everything was a negotiation. now it takes about five minutes to decide this. the venue is already sent. it will always be geneva. the only thing is that they combine their schedule. so now there is no excuse. the iranians are really trying, that is the impression on the international scene. that has translated into a lot of countries who have agreed to these sanctions and have agreed to them very grudgingly because ultimately they don't like to be in the bad economic situation, and on top of that imposed sanctions which causes them to lose e
NBC
Dec 9, 2013 7:00am PST
with taxes? [ laughs ] [ counselor ] and for even more cleaning power, try cascade platinum. [ laughs ] they're about 10 times softer and may have surface pores where bacteria can multiply. polident kills 99.99% of odor causing bacteria and helps dissolve stains so dentures are cleaner, fresher, and brighter. [ male announcer ] polident. with grands mini pot pies. only four ingredients. and a few easy steps. weeknight dinner in a flash. and my family devours them. pillsbury grands biscuits. make dinner pop. tell me you can't wait for christmas. and you appreciate the things i do. because we'll always be a family. tell me i bring out the best in you. ♪ that you're thankful. ♪ that it won't be the same without me. tell me you love me. even if you say it every day. just tell me. [ female announcer ] everyone you love has something they need to hear this holiday. tell them with a hallmark card. >>> at the risk of sounding creepy, we know what you were looking at on google over the weekend. >> from a celebrity feud to the video with more than 8 million youtube hits in just two days, daniel is
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